“So, what are your salary requirements?”
When you’re looking for jobs, at some point you’ll probably be asked to give an employer your salary requirements or salary history. It’s important to be careful with how you describe this information — you don’t want to be screened out or offered a low salary.
Whether you’re asked this question during the application process or in a job interview, it’s essential to have an answer ready.
We’ll cover why recruiters and hiring managers ask this question, give tips for how to answer, and provide sample answers that give the best chance at a high starting salary.
A salary requirement is the amount of money a person needs to be paid in order to accept a job offer. Some companies ask for people to include their salary requirements either with the application or in the cover letter.
Some interviewers may ask you in person, and it’s best not to let them catch you off guard.
Salary requirements depend on a few different factors, like the industry, the benefits package, your salary history and work experience, and the cost of living in a specific area.
Sometimes employers ask for your salary history instead of your salary requirements, and sometimes they ask for both. A salary history lists your past earnings and usually includes the companies you’ve worked for, your job titles, your salary, and your benefits package.